Hi all,
I'm using a tool that can alert me for any sudden change in any coin.
Example: alert me when any coin grows 5% in 10 minutes.
I would like to find cases where there's higher uptrend probability.
Example: if a coin grows 5% in 10 minutes there's a very high probability that it will grow another 5% in the next 30 minutes. (just an example out of my head, nothing to do with reality)
Are you using any kind of logic like that for your trades?
I don't use a reminder app or anything like that,
but from the chart you can actually analyze and read it, from the ups and downs of the chart every minute or hour you can see a few minutes or hours in the future the graph will increase or even decrease.
Usually I can find out by reading the candlesticks on the chart. Candlestick charts show the development of an asset's price along with the formation of a candle-like formation over a certain period of time. Each box depicts the price movement in a period, with special markers for the price at the beginning of the period (opening), the highest price in the period (high), the lowest price in the period (low), and the price at the end of the period (closing). From the candletick can be predicted, starting from the time range, distance and size of the candlestick.